KUALA LUMPUR, Aug 16 — Malaysia’s gross domestic product (GDP) growth for the second quarter of 2021 (Q2 2021) could have been better if not for the disruptions due to the partial economic closure under Phase One of the National Recovery Plan and various restrictions to flatten the Covid-19...
KUALA LUMPUR, Aug 16 — Malaysia’s gross domestic product growth for the second quarter of 2021 could have been better if not for the disruptions due to the partial economic closure under Phase One of the National Recovery Plan and various restrictions to flatten the Covid-19 curve.
“However, on a sequential basis, output dropped after it ticked 2.0 per cent lower, a pullback against 2.7 per cent growth in Q1 2021,” it said. “Exports have been a lifeline for Malaysia. It is the country’s top priority to safeguard manufacturing and foreign trade to support the sluggish domestic economy in the second half of the year.
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